DLD Asset Management LP Sells 5,780 Shares of Datadog, Inc. $DDOG

DLD Asset Management LP trimmed its holdings in Datadog, Inc. (NASDAQ:DDOG) by 19.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,720 shares of the company’s stock after selling 5,780 shares during the period. DLD Asset Management LP’s holdings in Datadog were worth $3,520,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC purchased a new stake in shares of Datadog during the fourth quarter worth $209,000. Bison Wealth LLC purchased a new position in shares of Datadog in the fourth quarter valued at $228,000. Empowered Funds LLC grew its position in shares of Datadog by 7.0% in the first quarter. Empowered Funds LLC now owns 10,313 shares of the company’s stock valued at $1,023,000 after purchasing an additional 672 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Datadog by 17.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 769 shares of the company’s stock valued at $76,000 after purchasing an additional 115 shares during the period. Finally, Sivia Capital Partners LLC bought a new stake in shares of Datadog during the 2nd quarter valued at $509,000. Institutional investors own 78.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DDOG. BMO Capital Markets set a $165.00 target price on Datadog in a research note on Wednesday, February 11th. Wedbush decreased their price target on Datadog from $215.00 to $190.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. KeyCorp cut their price objective on shares of Datadog from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Moffett Nathanson reaffirmed a “buy” rating on shares of Datadog in a research note on Monday, December 29th. Finally, Arete Research upped their target price on shares of Datadog from $230.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Thirty-six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $179.62.

Datadog Stock Performance

NASDAQ:DDOG opened at $125.75 on Monday. The business’s 50-day moving average price is $124.08 and its two-hundred day moving average price is $141.90. Datadog, Inc. has a twelve month low of $81.63 and a twelve month high of $201.69. The stock has a market cap of $44.34 billion, a P/E ratio of 405.65, a PEG ratio of 34.56 and a beta of 1.31. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 0.26.

Datadog (NASDAQ:DDOG) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $953.19 million during the quarter, compared to the consensus estimate of $916.53 million. Datadog had a return on equity of 4.14% and a net margin of 3.14%.The company’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. Datadog has set its FY 2026 guidance at 2.080-2.160 EPS and its Q1 2026 guidance at 0.490-0.510 EPS. As a group, equities analysts predict that Datadog, Inc. will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling at Datadog

In other Datadog news, CEO Olivier Pomel sold 68,922 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $110.54, for a total value of $7,618,637.88. Following the completion of the transaction, the chief executive officer owned 704,821 shares of the company’s stock, valued at $77,910,913.34. The trade was a 8.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Alexis Le-Quoc sold 43,106 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $126.79, for a total transaction of $5,465,409.74. Following the completion of the transaction, the chief technology officer directly owned 490,798 shares in the company, valued at $62,228,278.42. The trade was a 8.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 239,081 shares of company stock worth $30,429,425 over the last three months. 8.70% of the stock is owned by insiders.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.